The Fresh Bovine Meat Market in the UK has shown a general upward trend from 2013 to 2023, as recorded in volume millions of kilograms. The market grew from 741.15 million kilograms in 2013 to 1036.8 million kilograms in 2023, indicating an overall increase in demand. Year-on-year growth fluctuated, peaking at 10.42% in 2014, while the lowest was a slight decrease of 4.04% in 2016. Over the past five years, the compound annual growth rate (CAGR) averaged at 2.39%, demonstrating steady growth.
Future trends to watch for:
- Potential impacts of environmental sustainability and consumer preferences for plant-based diets.
- Effects of trade agreements or barriers related to Brexit.
- Continued innovation in meat processing and supply chain efficiency.
How does the United Kingdom rank in Fresh Bovine Meat Market Size Volume?
| # | 20 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,732,700,000 | 2023 | +3.4% | +1.47% | View data |
| 2 | 2 Italy | 1,294,600,000 | 2023 | +0.26% | +1.39% | View data |
| 3 | 3 United Kingdom | 1,036,800,000 | 2023 | +1.76% | +2.39% | |
| 4 | 4 France | 730,100,000 | 2023 | -3.27% | -2.76% | View data |
| 5 | 5 Spain | 721,110,000 | 2023 | +0.85% | +0.61% | View data |
